FIFTH AMENDMENT TO CREDIT AGREEMENT
This Fifth Amendment to Credit Agreement (this “Amendment”) is entered into as of August 12, 2026, by and among CADIZ INC., a Delaware corporation (“Cadiz”), CADIZ REAL ESTATE LLC, a Delaware limited liability company (“CRE”), ATEC WATER SYSTEMS, LLC, a Delaware limited liability company (“ATEC”), Octagon Partners LLC, a California limited liability company (“Octagon”; and together with Cadiz, CRE and ATEC, collectively, the “Borrowers”, and each a “Borrower”), ALTER DOMUS (US) LLC, as administrative agent (in such capacity, “Agent”) and the Lenders (as defined below) party hereto.
RECITALS
WHEREAS, the Borrowers, the Agent and the lenders from time to time party thereto (the “Lenders”) are parties to that certain Credit Agreement, dated as of July 2, 2021 (as heretofore amended, restated, amended and restated, supplemented or otherwise modified, the “Existing Credit Agreement”; and the Existing Credit Agreement, as amended by this Amendment, the “Credit Agreement”).
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